FINANCIAL_SERVICESPENDING

Yuba-Sutter Transit Authority Meeting Agenda Packet September 2025

AHSC Grant Assignment For NextGen Transit Facility

$8.5 mil. (including $7,000,000 STI funds and $1,500,000 TRA funds)Yuba-Sutter Transit AuthoritySUTTER COMMUNITY AFFORDABLE HOUSINGSeptember 18, 2025

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Description

Yuba-Sutter Transit is poised to execute an Assignment Agreement with Sutter Community Affordable Housing to receive $8.5 million in AHSC grant funds for NextGen Transit Facility mobility, charging, and solar components. The funds will flow on a reimbursement basis through the housing developer under state HCD agreements running through 2042.

Contract Details

Contract Amount

$8.5 mil. (including $7,000,000 STI funds and $1,500,000 TRA funds)

Vendor

SUTTER COMMUNITY AFFORDABLE HOUSING

Agency

Yuba-Sutter Transit Authority, CA

Contract Type

FINANCIAL_SERVICES

Document Date

September 18, 2025

Contract Term

From execution in 2025 through November 30, 2042, subject to HCD extensions

Renewal Date

2042-11-30

Renewal Info

Agreement term aligns with the HCD Standard Agreement, which runs through November 30, 2042 and may be extended by HCD; any extensions would automatically extend the assignment obligations.

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